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Indo Farm Equipment IPO Allotment Status Live: The IPO’s allotment status can be checked online on the registrar’s, NSE, and BSE websites. The IPO subscribed to a total of 227.67 times. The retail buyers booked the issue 101.79 times while the NIIs subscribed to the issue 501.75 times.
Indo Farm Equipment raised Rs 260.15 crore through a combination of a fresh issue and an offer for sale. The IPO bidding was started on December 31 and ended on January 2. The IPO price band was set at Rs 204 to Rs 215 per equity share. Aryaman Financial Services was the book-running lead manager of the IPO, while Mas Services was the registrar for the issue.
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As per the recent trends, the shares of Indo Farm Equipment IPO is trading at a premium of Rs 96, signaling an estimated listing of Rs 311 per share, a 44.65 per cent gain over the issue price of Rs 215 per share. However, it is important to note that GMP is not the actual listing price and may fluctuate depending on the market sentiments.
11:42 (IST) 3 Jan 2025 Indo Farm Equipment IPO Allotment Status Live: Subscription numbers
The IPO received an overall subscription of 227.67 times. The retail segment was subscribed 101.79 times, QIBs subscribed 242.4 times, and NIIs led with 501.75 times.
10:59 (IST) 3 Jan 2025 Indo Farm Equipment IPO Allotment Status Live: Financial performance
Between FY 2023 and FY 2024, Indo Farm Equipment reported a 1 per cent increase in revenue and a 1 per cent rise in profit after tax (PAT).
10:28 (IST) 3 Jan 2025 Indo Farm Equipment IPO Allotment Status Live: About the company
Indo Farm Equipment,
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